Advent Technologies Holdings Inc (ADN)

[eom7]

$ADN DD PAGE
Receives Notification of Euro 782.1 Million Funding from the Greek State for IPCEI Green HiPo Project
https://www.advent.energy/2022/06/16/advents-green-hipo-receives-notification-of-euro-782-1-million-funding/

Market Cap
$56,442,574
04/10/2023

Outstanding Shares (not including warrants)
52,261,643
03/31/2023


Advent Technologies' Chairman and CEO, Dr. Vasilis Gregoriou Elected as Chair of EU IPCEI Hy2Tech Group
https://www.otcmarkets.com/stock/ADN/news/story?e&id=2485384


Advent Technologies Reports Q4 2022 Results
• Q4 2022 revenue of $2.0 million and income from grants of $0.4 million.
• Full year 2022 revenue of $7.8 million and income from grants of $1.5 million.
• Net loss in Q4 of $47.6 million or $(0.92) per share, including an impairment charge of $38.9 million. Adjusted net loss in Q4 of $13.2 million or $(0.26) per share.
• Company holds unrestricted cash reserves of $32.9 million as of December 31, 2022.
• After official ratification from the European Commission of the European Union for funding of €782.1 million under the Important Projects of Common European Interest (“IPCEI”) Hydrogen – Technology for Advent’s Green HiPo project, Advent has been working with the Greek State to establish the mechanism and timing schedule for the funding facility.
• Commissioning of new Hood Park R&D and manufacturing facility in Boston, Massachusetts. This facility will enable Advent to scale-up and deliver on the increasing global demand for its electrochemical products.
https://www.otcmarkets.com/stock/ADN/news/story?e&id=2487480

Hyundai Motor Company and Advent Technologies Sign Joint Development Agreement Following Successful Fuel Cell Technology Assessment
https://www.otcmarkets.com/stock/ADN/news/story?e&id=2480654